1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Katena32 [7]
3 years ago
14

The general term employed to indicate an expense that has not been paid or revenue that has not been received and has not yet be

en recognized in the accounts is:
A. asset.
B. accrued.
C. prepayment.
D. contra asset.
Business
1 answer:
valkas [14]3 years ago
3 0

Answer: The general term employed to indicate an expense that has not been paid or revenue that has not been received and has not yet been recognized in the accounts is:

<u>B. accrued.</u>

Explanation: It is the accounting principle by which recognition of losses and gains is given based on time, regardless of having paid or collected.

You might be interested in
Roland Richard, a baker, purchased 200 ounces off of an expensive spice for $400 on 3/1/09. The journal entry to record the purc
kirill [66]

Answer:

The correct adjusting journal entry for 12/31/09:

D. debit Spice Expense and credit Spice Inventory 240

Explanation:

Roland Richard purchased 200 ounces off of an expensive spice for $400.

Cost per ounce = $400/200 = $2

By December, 12/31/09, there were 80 ounces on hand. Roland Richard used 120 ounces of expensive spice with the amount of expense: $2 x 120 = $240

The adjusting journal entry for 12/31/09:

Debit Spice Expense $240

Credit Spice Inventory $240

6 0
3 years ago
True or False: If people have rational expectations, the sacrifice ratio could be much smaller than suggested by the short-run P
Simora [160]

People often have different expectations. If people have rational expectations, the sacrifice ratio could be much smaller than suggested by the short-run Phillips curve is a false a statement.

  • The sacrifice ratio is said to be smaller than suggested by former estimates. The short-run phillips curve will ten to shift downward and the economy would reach low inflation very fast.

Rational expectations  is known to be an economic theory. It simply states that when making decisions, individual agents will capitalize their decisions on the information that is best and available and they also learn from past trends.

Learn more from

brainly.com/question/20345500

7 0
2 years ago
If generalization is observed when the independent variable is introduced to the first baseline in the multiple baseline design,
MrRa [10]
The best answer that completes the statement above is this: CHANGING CRITERION DESIGN.
This question is based on the use of a double-blind study. When we say double-blind study, from the term itself double-blind, it means that neither the experimenters nor the sample or participants are going to receive the treatment of the said experiment. This kind of study is typically used in order to remove bias in the research results. Hope this helps.
3 0
3 years ago
Business sofware programs make it possible to
Leto [7]

Answer:

increase productivity in office setting

4 0
3 years ago
When Opryland Hotel wants to have at least 90 percent of its customers indicating they had a memorable and satisfying experience
Darya [45]

Answer: 3. A marketing objective

Explanation:

Marketing objectives are goals set by a business when promoting its products or services to potential consumers that should be achieved within a given time frame. In other words, marketing objectives are the marketing strategy set in order to achieve the overall organizational objectives.

Marketing objectives are short-term achievements to help you achieve longer-term goals. They should be set on a weekly or monthly timeline. These objectives help a business set out what a business wants to achieve from its marketing strategy.

4 0
3 years ago
Read 2 more answers
Other questions:
  • On May 10, Keene Company sold merchandise for $4,000 and accepted the customer's Best Business Bank MasterCard. At the end of th
    10·1 answer
  • Ben Palman owns an art gallery. He accepts paintings and sculpture on consignment and then receives 20% of the price of each pie
    10·1 answer
  • Mittelstaedt Inc., buys 60 percent of the outstanding stock of Sherry, Inc. Sherry owns a piece of land that cost $223,000 but h
    9·1 answer
  • What is an economy <br><br><br><br> Had to be 20 letters long
    8·1 answer
  • you are the owner of a beauty salon. give two examples of opportunities and threats your business may face and motivate your ans
    14·1 answer
  • From an economic perspective, when consumers leave a fast-food restaurant because the lines to be served are too long, they have
    8·1 answer
  • The balance of the revenue account is transferred to the
    6·1 answer
  • What is the pricing strategies used to market the product​
    7·1 answer
  • Your Competitive Intelligence team reports that a wave of product liability lawsuits is likely to cause Digby to pull the produc
    6·1 answer
  • The price quotations of treasury bonds in the wall street journal show a bid price of 104.5313 and an ask price of 104.5489. if
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!